Japanese

About Us

Corporate Name:
Raysum Co., Ltd.
Established:
May 1, 1992
President:
Takeshi Tanaka
Address:
Kasumigaseki Common Gate West Tower 36F, 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo
Business Description:
Raysum applies its vast real estate investment experience in order to deliver value-added properties in advantageous structures to sophisticated investors.
Corporate History:
A history of creating new value and implementing landmark projects that define Raysum.
1992
Established in 1992 by Takeshi Tanaka, Raysum Co., Ltd. was founded with the mission of creating a secondary market for income-generating real estate.
1997
In 1997, the non-performing loan market began to move in earnest and real estate began to be transacted in scale for the first time since the bursting of the bubble. Raysum started a joint real estate investment program with a US institutional investor and also became the first firm to acquire non-performing loans at this time. In 2000, Raysum's investment model further took shape when Global Servicing, a member of the Raysum Group, acquired the first servicer rating in Japan from Fitch Ratings, a global leader in credit ratings and research. In the same year, Raysum also became the first entity in Japan to securitize nationally-owned land.
2001
In 2001, Raysum conducted a successful IPO and listed on the JASDAQ market (securities code: 8890). In 2003, Raysum not only conducted the first securitization of a development project in Japan, but successfully cleaned up a building that had been illegally occupied in Roppongi and renovated it into a building with a major karaoke and restaurant tenant. In the same year, Raysum also acquired a golf course in Annaka Haruna, Gunma, and turned around the business. The course hosted the Japan Pro golf tournament, one of Japan’s four majors, in 2008.
2004
In 2004, Raysum acquired a 445-tsubo lot of land on Harajuku Cat Street containing a building with 886 tsubos of floor area constructed in 1978. Raysum then acquired a failed luxury membership sports club in 2007, conducted a unique office conversion, and let the building to Nickelodeon. In 2007, Raysum acquired a 306-tsubo site in front of Shinjuku Station on which stood an office building built in 1974 that had a total floor area of 2,780 tsubos. In 2008, Raysum began incubating the restaurant Neshitsu Cafeteria in front of Shibuya Station.
2009
Experiencing tight times after the global financial crisis, Raysum sought to reduce its corporate debt from 78 billion yen to 34.4 billion yen and recorded a 40 billion yen loss by selling inventory assets valued at 60.6 billion yen for 20 billion yen. In 2011, Raysum resumed hiring new employees and used what it had learned from its past mistakes to once again strive for growth. Raysum's group company, Global Servicer, also paid back all of its debt and became debt-free in 2011. Raysum issued its first 3-year Medium Term Business Plan in 2013.
2015
Raysum resumed dividend payment based on the financial results at the end of the fiscal year ended March 2015. The vast experience and knowledge Raysum has accumulated allowed it to clearly recognize that maximizing the potential of real estate required Raysum to also make a firm commitment to developing projects with itself as the main operator. Raysum is therefore planning and developing projects in business fields that offer solutions to the problems facing Japanese society, leading to the opening of Emblem Hostel Nishiarai, the first project of this kind, on December 24, 2015.
Raysum is currently writing its next business plan and again proactively posting profits while maintaining a conservative finance policy.

As of September 30, 2017

  • Consolidated total assets¥70,965mn
  • Consolidated net assets ¥46,698mn
  • Equity Ratio65.8%